Introducing a rare investment opportunity in a thriving community! This mixed-use property in Parma features a hair and nail salon on the ground floor, along with a spacious three-bedroom apartment above. This unique property combines the benefits of a stable commercial tenant with the potential for reliable residential rental income. The recently renovated hair and nail salon has just signed a two-year lease ($1200 a month), ensuring a consistent income stream for the new owner. The attractive storefront and prime location offer excellent visibility and foot traffic, contributing to the ongoing success of the business. The second floor is home to a beautifully maintained three-bedroom apartment, providing ample space and modern amenities for tenants and recently updated through out. With a spacious living area, well-appointed kitchen, and generous bedrooms, this apartment offers comfortable living in a convenient location. Investors seeking a diversified revenue stream and a prime location in a bustling neighborhood. Take advantage of the stable commercial tenant, the updated residential unit, and the property's excellent visibility to secure a strong return on your investment.
Details
MLS #
5164838
Listing Type
For Sale
Style
Mixeduse
Sub-Type
Resale
Status
Pending
Year
1930
Days On Site
337
Listing Provided By
Russell Real Estate Services | Chris Kilbane
Features
Basement
Y
Acreage
0.11
Parking
Parking Features
Parking Lot
Taxes
Tax Annual Amount
3698
Area Information
State
OH
County
Cuyahoga
City
Parma
Zip Code
44134
Community Name
George Blake
Sourced by Back At You
MLS Number: 5164838
Chris Kilbane – (440) 915-8257 – chriskilbanesells@gmail.com
Russell Real Estate Services – (440) 572-3100 – strongsville@russellrealty.com
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MLS Number: 5164838
Chris Kilbane – (440) 915-8257 – chriskilbanesells@gmail.com
Russell Real Estate Services – (440) 572-3100 – strongsville@russellrealty.com
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.